Report ID: UCMIG35C2007
Report ID:
UCMIG35C2007 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The Antibody Therapy Market had a significant valuation of more than USD 186 billion in 2021 and is expected to experience a steady compound annual growth rate (CAGR) of 13.2% from 2022 to 2028. This market growth can be attributed to the increasing demand for antibody-based therapeutics, driven by their efficacy in treating various diseases, such as cancer, autoimmune disorders, and infectious diseases. Factors such as technological advancements in monoclonal antibody production, rising investment in research and development activities, and the growing prevalence of chronic diseases worldwide are likely to contribute to the market's expansion during the forecast period.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Distributors by segment aggregation, the contribution of the Health Care Distributors in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35C2007